WHEAT AND COTTON
Press Association—
-"Post" Special Service.
PLANS TO IMPRQVE POSITION DISCUSSED IN ' ' AMERICA BANK CREDITS FOR EXPORTS
-Convriaht.
By Telephone—
WASHINGTON, Wed. Following a two-day conference between President Hoover and the Governor of the Federal Reserve Board, Mr Meyer, and leading personages in the wheat and cotton trades, it became known that the President is seriously considering creating banking credits for the export of cottqn and possibly wheat. Mr Hoover is also considering a proposal of the Egyptian Government for an international cotton conference. Various plans to improve the situation of the two staple commodities were discussed. The eurtailment by law of the acreage sown was rej ected as unconstitutional.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 16, 11 September 1931, Page 3
Word Count
112WHEAT AND COTTON Rotorua Morning Post, Volume 1, Issue 16, 11 September 1931, Page 3
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